Gastar Exploration (GST) Upgraded at Seaport Global Securities

Gastar Exploration (NYSEAMERICAN:GST) was upgraded by equities research analysts at Seaport Global Securities from a “neutral” rating to a “buy” rating in a research note issued on Tuesday.

GST has been the subject of a number of other reports. Zacks Investment Research raised shares of Gastar Exploration from a “sell” rating to a “hold” rating in a research report on Friday. ValuEngine raised shares of Gastar Exploration from a “strong sell” rating to a “sell” rating in a research report on Monday, October 2nd. Imperial Capital reaffirmed an “in-line” rating on shares of Gastar Exploration in a research report on Tuesday, September 19th. Finally, KeyCorp reaffirmed a “hold” rating on shares of Gastar Exploration in a research report on Monday, November 13th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. Gastar Exploration has a consensus rating of “Hold” and an average price target of $1.88.

Shares of Gastar Exploration (NYSEAMERICAN:GST) opened at $0.97 on Tuesday. Gastar Exploration has a 12 month low of $0.38 and a 12 month high of $2.19.

Gastar Exploration (NYSEAMERICAN:GST) last announced its quarterly earnings data on Wednesday, November 8th. The energy company reported ($0.05) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by ($0.02). The firm had revenue of $15.30 million for the quarter, compared to the consensus estimate of $20.06 million. During the same period in the previous year, the company earned ($0.08) earnings per share. The firm’s revenue for the quarter was up 17.7% on a year-over-year basis.

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Gastar Exploration Company Profile

Gastar Exploration Ltd (Gastar) is an independent energy company engaged in the exploration, development and production of natural gas and oil in the United States. The Company’s principal business activities include the identification, acquisition, and subsequent exploration and development of natural gas and oil properties with an emphasis on unconventional reserves, such as shale resource plays.

Analyst Recommendations for Gastar Exploration (NYSEAMERICAN:GST)

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